BNET Industries

Market Cap:$24.2B
Last Fiscal Year Sales:$13.6B
  • Public
  • US
Dow Jones Description

Run of the mill? Not with General Mills, Inc (NYSE: GIS).This $11.2 billion company produces and markets packaged consumer food products. The food products include cereals, desserts, flour and baking mixes, dinner and side dish products and organic products. Some of its brands are: Pillsbury and Gold Medal. Cheerios, Wheaties, Lucky Charms,Betty Crocker and Green Giant. Founded in 1866, this Minneapolis, MN based company employs about 28,000 people and has operations around the world.

Board of Directors
Bradbury H. Anderson
Number of Employees 30,000
Contact Information

1 General Mills Blvd

Minneapolis, Minnesota 55426-1347

www.generalmill...

(763) 764-7600

NAICS Code Breakfast Cereal Manufacturing: 311230

Recent Events

  • Cold shoulder for soup

    3/03/10 - Financial Announcement - View Story

  • Why Require Ten Years of Dividend Growth?

    3/03/10 - Stock Split / Dividend - View Story

  • No Snap, Crackle and Pop For Kellogg

    2/04/10 - Financial Announcement - View Story

  • The first years of the 21st century for Minnesota business were bumpier than most,

    1/01/10 - Merger / Acquisition - View Story

  • General Mills Sees Profits Climb 49%

    12/18/09 - Product Announcement - View Story

  • Comtex SmarTrendR Morning Call -- December 17, 2009

    12/17/09 - Financial Announcement - View Story

  • General Mills Rewards Shareholders and Increases Its Dividend Again

    12/17/09 - Stock Split / Dividend - View Story

  • General Mills Launches Its Largest Online Collection of Recipes at Tablespoon.com

    12/05/09 - Product Announcement - View Story

  • Campbell Soup Q1 Profit Rises; Lifts FY10 Forecast - Update

    11/23/09 - Financial Announcement - View Story

  • General Mills Launches Its Largest Online Collection of Recipes at Tablespoon.com

    11/17/09 - Product Announcement - View Story

  • Lawsuits, new FDA scrutiny in food aisle

    11/08/09 - Lawsuit Filed - View Story

  • Land O'Lakes Launches Multilevel Hunger Relief Program

    11/07/09 - Joint Venture / Alliance - View Story

  • General Mills unveils enhanced G-WIN portal

    11/06/09 - Product Announcement - View Story

  • General Mills looks online for food innovators

    11/05/09 - Product Announcement - View Story

  • Land O'Lakes Announces a Multi-level Approach to Help Alleviate Hunger

    11/05/09 - Joint Venture / Alliance - View Story

  • General Mills to drop sullied Smart Choices product label

    10/28/09 - Financial Announcement - View Story

  • Class Action Challenges Cheerios Claims

    10/19/09 - Lawsuit Filed - View Story

  • Google Refines Mobile Search

    10/09/09 - Joint Venture / Alliance - View Story

  • Equities Roundup: The Wizards of Oz

    10/06/09 - Bond / Stock Rating - View Story

  • General Mills Signs Agreement With USAID And PEPFAR To Improve Food Processing In Africa -...

    9/28/09 - Joint Venture / Alliance - View Story

News & Analysis

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Decision Makers

Name (plus bio) Position
Tim Forsythe Vice President of Corporate Communications
Tom Forsythe Vice President of Corporate Communications
Siri S. Marshall Chief Governance and Compliance Officer
Alison Beattie
Judy Miao
Ian R. Friendly Chief Operating Officer, U.S. Retail
Ann W.H. Simonds President
Becky O'Grady President, Yoplait Division
David P. Homer Financial Analyst, Corporate Growth and Development Department
Giuseppe A. D'Angelo Senior Vice President
John T. Machuzick Retail Sales Representative
Juliana L. Chugg Senior Vice President
Kim Nelson President, Snacks Unlimited
Maria Morgan Vice President
Michele S. Meyers Vice President
Robert F. Waldron President, Yoplait
Shawn P. O'Grady President, U.S. Retail Sales
Christopher D. O'Leary Chief Operating Officer, International
Daralyn B. Peifer Chief Investment Officer
Kenneth L. Thome Senior Vice President, Deputy Chief Finance Officer
Mark Addicks Senior Vice President & Chief Marketing Officer
Randy G. Darcy Senior Vice President, Chief Technical Officer
Rick Palmore General Counsel
Roderick A. Palmore Chief Corporate and Risk Management Officer
Donal Leo Mulligan Executive Vice President
Jeffrey J. Rotsch Executive Vice President, Worldwide Sales and Channel Development
Michael A. Peel Senior Vice President, Human Resources and Corporate Services
Christina L Shea Senior Vice President, External Relations
Cristina L. Shea Senior Vice President
Keith Woodward Senior Financial Analyst
Lucio Rizzi Senior Vice President
Michael L. Davis Senior Vice President, Global Human Resources
Peter Erickson Senior Vice President, Innovation, Technology and Quality
Peter Robinson Senior Vice President
Rory A. Delaney Senior Vice President
Rory A. Delanye Senior Vice President, Strategic Technology Development
Anton Vincent Vice President of Marketing
Brian Berger Vice President & General Manager, Food Service Division
David B. Van Benschoten Vice President, Washburn Investments
David E. Dudick Sr. Vice President, U.S. Channels Sales
David G. Adams Vice President, Services
Doug Moore Vice President, Advertising & Branding
Eric Lucas Vice President, Marketing
Gene Kahn Vice President of Sustainability
John H. Stafford Vice President, Finance Shared Services
John Haugen Vice President, Marketing
Karen L. Anderson Vice President, Marketing
Kristen S. Wenker Vice President, Investor Relations
Luis Gabriel Merizalde Vice President; Managing Director, Australasia
Phillip G. Semmer Vice President, MIS
Rich Hosfield Vice President, Media Placement
Richard O Lund Vice President, Controller
Scott Weisberg Coporate Director of Employee
Stan Teeple
Bruce K Redding
Sharon Sackett Executive Coach
John Tribble
Paul Danos Dean and Laurence F. Whittemore Professor of Business Administration
Timothy F Floeder
Dean E. Erstad

Board of Directors

Name (plus bio) Position
Bradbury H. Anderson Board of Directors
Kendall J. Powell Chairman
Steve Odland Board of Directors
Dorothy A. Terrell Board of Directors
Robert L. Ryan Board of Directors
William T. Esrey Board of Directors
Raymond V. Gilmartin Board of Directors
Heidi G. Miller Board of Directors

Organization Position Status
Minnesota Public Radio Inc. Board of Directors Current
Best Buy Co., Inc. Vice Chairman Current
American Film Institute Board of Directors Current
General Mills, Inc. Board of Directors Current
Best Buy Co., Inc. Chief Executive Officer Former
Best Buy Co., Inc. President Former
Best Buy Co., Inc. Chief Operating Officer Former
Best Buy Co., Inc. Executive Vice President Former
Best Buy Co., Inc. Director Former
University of Denver Bachelor's Degree Former

Organization Position Status
Minnesota News Council Vice President of Corporate Communications, General Mills Current
General Mills, Inc. Vice President of Corporate Communications Current
Twin Cities Public Television, Inc. Board of Directors Current
Minnesota News Council Board of Directors Current

Tom Forsythe serves as vice president of Corporate Communications for General Mills. He is a past chairman of the Board of Directors of the Minnesota Chamber of Commerce and a trustee of Twin Cities Public Television.

Organization Position Status
Gen Mills, Inc. Vice President of Corporate Communications Current
General Mills, Inc. Vice President of Corporate Communications Current
Minnesota News Council Vice President of Corporate Communications, General Mills Current
Minnesota News Council Board of Directors Current
Twin Cities Public Television, Inc. Board of Directors Current
Minnesota News Council Director of Corporate Communications, General Mills Former

Organization Position Status
General Mills, Inc. Chief Governance and Compliance Officer Current
General Mills, Inc. General Counsel, Senior Vice President & Secretary Current
Alphatec Holdings Inc. Board of Directors Current
Equifax Inc. Board of Directors Current
Alphatec Spine Inc. Board of Directors Current
Ameriprise Financial, Inc. Board of Directors Current
Debevoise & Plimpton Llp Corporate Associate Former
Gen Mills, Inc. Former
Jafra Cosmetics International, Inc. Director Former
American Arbitration Association Director Former
NovaCare, Inc. Director Former
Avon Products, Inc. Secretary Former
General Mills, Inc. Board of Directors Former
Harvard University B.A. with honors Former
Yale Law School Former

Alison is currently studying graphic design at the College of Visual Arts (CVA) in St. Paul. She was awarded the 2006 AIGA Minnesota scholarship at the AIGA Minnesota Portfolio One-on-One Student Design Conference and a Larsen Design scholarship at CVA. Currently she is working as an intern at MRM Worldwide in Minneapolis and working on interactive projects for General Mills, H&R Block, and Target.

Organization Position Status
MRM Worldwide Intern Current
H&R Block, Inc. Current
General Mills, Inc. Current
Aiga Minnesota Board of Directors Current
CVA Former

Judy Miao is the Executive Director & CEO of The Arc of Somerset County that serves persons with intellectual and developmental disabilities. Judy's career spans both for-profits and non-profits, including Campbell Soup, General Mills, SC Johnson Wax, Methodist Hospital of Indiana and consulting firms specializing in continuous process improvement. Judy is a Certified 6-Sigma Green Belt, TQM Trainer, and received her MBA in Marketing and International Business from The University of Michigan, BA cum laude in Business Administration from Mount Union College and AA from Cottey College, where she first took part in Model United Nations in Kansas City, MO. She resides in Somerset, New Jersey.

Organization Position Status
Campbell Soup Company Current
General Mills, Inc. Current
University of Michigan Mba In Marketing and International Business Former
Mount Union College Ba Cum Laude In Business Administration Former

Ian R. Friendly Executive Vice President; Chief Operating Officer, U.S. Retail Ian Friendly has corporate oversight of Big G, Yoplait, Meals, Pillsbury U.S., Snacks and the Baking Products Division. Previously as president and CEO of Cereal Partners Worldwide (CPW) - General Mills’ joint venture with Nestlé – he was responsible for a billion-dollar-plus global cereal business which distributes to over 130 countries outside of North America. Ian Friendly brings to his current executive position extensive experience in the cereal business both internationally and domestically where he once served as president of the Big G cereal division. This division is home to General Mills’ large U.S. cereal business, which has a portfolio of consumer favorites that include Cheerios, Lucky Charms and Wheaties. From 1994 to 1998, he served as vice president of CPW, where he led expansion throughout Asia, Latin America and the Middle East. Friendly was named president of Yoplait-Colombo in 1998. In the four years under his leadership, the yogurt business achieved extraordinary growth, and Yoplait became the No. 1 selling yogurt in the United States. Friendly began his career in 1983 as a marketing assistant with General Mills Canada. A year later, he moved to the U.S. cereal business. Over the next decade, Friendly held progressively broader marketing assignments in the Big G and Betty Crocker divisions. Friendly was elected a senior vice president in 2000. He serves as an advisory board member of the Queen’s University School of Business in Kingston, Ontario, and as a Board Member of Artspace Projects, Inc. in Minneapolis. Friendly received his bachelor’s degree in commerce from Queen’s University in 1983.

Organization Position Status
General Mills, Inc. Chief Operating Officer, U.S. Retail Current
General Mills, Inc. Executive Vice President Current
General Mills, Inc. Marketing Assistant, Canada Current
The Valspar Corporation Board of Directors Current
General Mills, Inc. CEO, Cereal Partners Worldwide Former
General Mills, Inc. President, Cereal Partners Worldwide Former
Queen's University Bachelor's Degree In Commerce Former

Kendall J. Powell Chief Executive Officer, Chairman of the Board Kendall J. Powell became chief executive officer of General Mills on Sept. 24, 2007, and chairman of the board on May 24, 2008. Powell was previously elected president and chief operating officer of General Mills in June 2006. Prior to that, he was elected executive vice president and chief operating officer, U.S. Retail, in May 2005. Powell served as executive vice president of General Mills starting in August 2004, with responsibility for the company’s Meals, Pillsbury USA, Baking Products, and Bakeries & Foodservice businesses. From September 1999 to August 2004, Powell was chief executive officer of Cereal Partners Worldwide (CPW), a General Mills/Nestlé joint venture with headquarters in Lausanne, Switzerland. Powell joined General Mills in 1979 as a marketing assistant and advanced through a series of assignments of increasing responsibility including positions in the Yoplait, Betty Crocker and Big G cereal divisions, and CPW where he was marketing director from 1990 to 1996. Powell was named marketing director for Cereal Partners UK based in the United Kingdom in 1990, then became vice president and marketing director of CPW. He returned to the United States in January 1996 to become president of Yoplait USA. Powell was named president of General Mills Big G division in October 1997 and appointed senior vice president of General Mills in May 1998. Powell serves on the boards of General Mills and Medtronic and is a member of the Supervisory Board of CPW. His community service includes board memberships for the Twin Cities United Way and the Minnesota Historical Society. Powell earned his bachelor’s degree in biology from Harvard in 1976 and an MBA from Stanford University in 1979.

Organization Position Status
General Mills, Inc. Chief Executive Officer Current
General Mills, Inc. Chairman Current
General Mills, Inc. Board of Directors Current
General Mills, Inc. President & Chief Operating Officer Former
General Mills, Inc. Vice President Marketing Director, Cpw Former
Cpw, Inc. marketing director Former
General Mills, Inc. Marketing Assistant Former
General Mills, Inc. Board of Directors Former
Stanford University MBA Former
Harvard Corporation Bachelor of Arts Degree In Biology Former

Ann Simonds, president of baking products for General Mills, was the mother of two toddlers and running the Cheerios operation when she joined the board of the Minnesota Children's Museum in 2002. "It was a perfect fit," she said, "a wonderful opportunity to learn, both as a parent and as a professional." Simonds cited meetings in which Museum staff "brought new exhibits to life" for board members, inspiring her both as a part of the organization and as a parent.

Organization Position Status
General Mills, Inc. President Current
Tcdailyplanet.Net Board of Directors Current
General Mills, Inc. Vice President, Baking Products Former
General Mills, Inc. General Manager, Bakeries and Foodservice Former
General Mills, Inc. Marketing Director, Yoplait Former
General Mills, Inc. Marketing Manager, Yoplait Former
Johnson & Johnson Marketer, U.S.& Europe Former
General Mills, Inc. Chairman, United Way Campaign Former
Harvard Corporation MBA Former

Organization Position Status
General Mills, Inc. President, Yoplait Division Current
General Mills, Inc. Vice President Current

David P. Homer Senior Vice President; President, General Mills Canada As president of General Mills Canada, David Homer oversees one of the largest food companies in Canada. The company markets Big G cereals; Betty Crocker desserts, snacks and Helper dinner mixes; Pillsbury ready-to-bake goods; Old El Paso Mexican foods; and Green Giant vegetables and meal starters. Before becoming president of General Mills Canada, Homer was managing director of Australasia where he was responsible for the company's operations in Australia and New Zealand including the manufacturing, distribution and sales of Old El Paso Mexican foods, Latina and Frescarini fresh pasta products, Betty Crocker dessert mixes and van den Bergh’s frozen dough products. While there, he led the acquisition of distribution rights for Patak’s Indian foods and Croissant King, a local producer of frozen dough products for institutional use. Homer joined General Mills in 1987 as a financial analyst in the Corporate Growth and Development department where he worked on divestiture and acquisition activity before moving into marketing in 1989. Homer held a variety of marketing positions within General Mills, including marketing manager for Big G New Enterprises, where he was responsible for new cereal products, and was marketing director for the Flour and Baking Mixes business unit. In 2008, Homer became senior vice president, president, of General Mills Canada. Homer earned a bachelor’s degree in economics from the University of Utah in Salt Lake City in 1985. In 1997, he received an MBA in finance from the University of Pennsylvania’s Wharton School of Business.

Organization Position Status
General Mills, Inc. President, Canada Current
General Mills, Inc. Financial Analyst, Corporate Growth and Development Department Current
General Mills, Inc. Vice President Former
General Mills, Inc. Managing Director, Australasia Former
University of Utah Bachelor's Degree In Economics Former

As president of EMEA and Latin American, Giuseppe A. D’Angelo oversees the Europe, Latin America and Africa regions. D’Angelo joined General Mills in 1997 as director of International Sales and in 2000 was named managing director of General Mills Argentina. He was regional vice president of Europe in 2002 and became president of Europe, the Middle East and Africa (EMEA) and Latin America in June 2006. In 1988, D’Angelo earned his Bachelor of Arts degree in economics from Luiss University of Rome. He received certification from Harvard Business School in the advanced management program in 2004. D’Angelo is also director of the Swiss America Chamber of Commerce, a 2,500-member, nonprofit organization that promotes business relations between the United States and Switzerland.

Organization Position Status
General Mills, Inc. President, Europe, Latin America and Africa Current
General Mills, Inc. Senior Vice President Current
General Mills, Inc. President of Emea and Latin America Former
General Mills, Inc. Senior Vice President Former
General Mills, Inc. Managing Director, Argentina Former
General Mills, Inc. Director of International Sales Former
General Mills, Inc. Board of Directors Former
University of Rome Bachelor of Arts Degree In Economics Former
Harvard Business School Certification, Advanced Management Program Former

John T. Machuzick Senior Vice President; President, Bakeries & Food Service Division As President of General Mills Bakeries & Foodservice, Machuzick has responsibility for numerous business channels including Foodservice Distributors, Restaurant Accounts, Convenience Stores, Vending, Schools & Universities and Bakery Accounts. Since Machuzick joined General Mills in 1978 as a retail sales representative, he has held various sales positions and was named Director of Strategic Planning for Consumer Foods Sales in 1991. He became Director, Customer Service in 1992. Machuzick was named Vice President, Trade and Promotion Marketing in the Big G Cereal division in 1994 and was appointed Vice President, Trade Marketing and Promotion for General Mills, Inc. in 1997. In 1999, Machuzick was named Sr. VP, Sales, Strategic Channels. Concurrent with the GMI acquisition of the Pillsbury Company in 2001, Machuzick joined the General Mills Bakeries & Food Service Division as Sr. VP, General Manager, Convenient Food Solutions group. In this position, he was responsible for business segments including Top Quick Serve Restaurants, National & Regional Restaurant chains, Convenience Stores and Vending businesses. He was named Sr. VP, President, General Mills Bakeries & Foodservice in June 2003. Machuzick earned a bachelor’s degree in food marketing from St. Joseph’s University in 1978, and an MBA from Pepperdine University in 1990. He is a Board Member of the International Foodservice Manufacturers Association, Board Member of the Northern Star Council - Minnesota Boy Scouts of America, Board Member of St. Joseph’s University – Academy of Food Marketing, involved in the Greater Minneapolis United Way and enjoys coaching youth sports in the community.

Organization Position Status
General Mills, Inc. President, Bakeries & Food Service Division Current
General Mills, Inc. Retail Sales Representative Current
General Mills, Inc. Senior Vice President, General Manager, Convenient Food Solutions Group Former
Pillsbury Former
General Mills, Inc. Board of Directors Former
Pepperdine University MBA Former
St. Joseph's University Bachelor’S Degree In Food Marketing Former

Juliana Chugg became a senior vice president, and president of Pillsbury USA, in 2006. Before that, she was a company vice president, and president of General Mills' Baking Products division She also spent five years as managing director of international operations in Australia. In 1996, Chugg joined Pillsbury in Australia as marketing director, bringing nearly 10 years of marketing experience to the position. In Australia, she led the company's sizable international business unit to double-digit top-line and bottom-line.

Organization Position Status
General Mills, Inc. President, Pillsbury USA Current
General Mills, Inc. Senior Vice President Current
VF Corporation Board of Directors Current
General Mills, Inc. President, Pillsbury USA Former
General Mills, Inc. Senior Vice President, Pillsbury USA Former
General Mills, Inc. Marketing Director, Pillsbury Former

Kim Nelson Senior Vice President; President, Snacks Unlimited Kim Nelson is the president of General Mills Snacks Unlimited Division, where she is responsible for the profitable growth of some of America’s favorite snack brands, including: Nature Valley Granola Bars, Betty Crocker Fruit Snacks, and Chex Mix. Her portfolio of businesses contributes $1.1 billion in reported net sales to General Mills. Kim has been a corporate officer of General Mills since 2000. Her 18 year career spans leadership roles on a variety of brands including Hamburger Helper, Old El Paso, Cheerios, Wheaties, Yoplait, Nature Valley, and Chex Mix. She received her MBA from Columbia University in 1988 and a B.S. in International Relations from Georgetown University in 1984. Kim is an active member of the General Mills community and was a founding member of both the Black Champions Network and the Women in Marketing Network, organizations focused on enhancing the experiences of African Americans and women within General Mills. Kim is Chair of the Minneapolis YWCA board, and serves on the Congressional Black Caucus Foundation Board. She is also a member of the Executive Leadership Council and the National Executive Women Network.

Organization Position Status
General Mills, Inc. President, Snacks Unlimited Current
Abyssinian Moon Productions Executive Producer Current
The Executive Leadership Council Board of Directors Current
Writerscorps Board of Directors Current
General Mills, Inc. Member Current
General Mills, Inc. Vice President Former
General Mills, Inc. Corporate Officer Former
Seconds Executive Producer Former
Columbia University MBA Former
Georgetown University B.S. In International Relations Former
Columbia University Bachelor's Degree In Literature Former
The Womens Forum member Former

Maria Morgan was appointed president of General Mills' Foodservice in June 2007. Previously, Morgan led the company's organic division, Small Planet Foods. Morgan began her career in Big G cereals with various marketing assignments on child, adult and all-family brands. She held marketing roles in Baking, Yoplait USA and Meals, prior to being promoted to marketing director in the Snacks division in 1996. She returned to Big G in 1998 and was named a vice president of General Mills in 1999. She moved cross-functionally to Sales in 2002, where she led a sales region during the integration of Pillsbury. Morgan graduated Phi Beta Kappa, magna cum laude from Wellesley College with a double major in history and political science. She obtained her MBA from Harvard University in 1990.

Organization Position Status
General Mills, Inc. President, Foodservice Current
General Mills, Inc. Vice President Current
Science Museum of Minnesota Board Member Current
General Mills, Inc. President, Small Planet Foods Former
General Mills, Inc. Marketing Director, Snacks Division Former
General Mills, Inc. Sales Former
Harvard University MBA Former
Wellesley College Double Major In History and Political Science Former

Organization Position Status
Small Planet Foods Inc. President Current
General Mills, Inc. President, Small Planet Foods Current
General Mills, Inc. Vice President Current

Organization Position Status
General Mills, Inc. President, Yoplait Current
General Mills, Inc. Senior Vice President Current

As president of U.S. Retail Sales, Shawn O’Grady has responsibility for the organization selling to all traditional grocery customers, including Kroger, Supervalu and Safeway O’Grady joined General Mills in July 1990 as an assistant marketing manager. He has held a number of positions across the Snacks, Meals and Big G divisions. Most noteworthy was his work on Wheaties, which he led during the 1996 Atlanta Olympics. He was promoted to vice president in 1998, and concurrent with the General Mills acquisition of The Pillsbury Company in 2001, took the helm of the Refrigerated Baked Goods business. Late in 2004, O’Grady joined General Mills’ Consumer Foods Sales division with responsibility for Supervalu and retail customers in the Midwest. He then added the Club and Discount, Drug and Dollar regions in 2006, accelerating growth in both. Prior to joining General Mills, O’Grady graduated with honors from Notre Dame with a Bachelor’s of Science in chemical engineering. He worked two years as a chemical engineer for Air Products and Chemicals in Allentown, Pa., before attending Harvard Business School where he earned an MBA in 1990.

Organization Position Status
General Mills, Inc. President, U.S. Retail Sales Current
General Mills, Inc. Vice President Current

Christopher D. O’Leary Executive Vice President; Chief Operating Officer, International Chris O’Leary oversees the International division and General Mills Canada, and has the direct operating responsibility of the International Division. Previously as president of the Meals Division, Chris had broad responsibilities for overseeing the business operations of six convenient dinner solution categories: Helpers, Old El Paso, Green Giant, specialty potatoes and side dishes, and Progresso soups. O’Leary joined General Mills in Dec. 1997 as vice president, Corporate Growth. He was elected a General Mills senior vice president in July 1999 and was named president of the Meals division in 2001. Prior to joining General Mills, O’Leary spent 17 years at PepsiCo, Inc., last serving as president and chief executive officer of the Hostess Frito-Lay business in Canada. O’Leary served as vice president of marketing for Walkers-Smiths in the United Kingdom beginning in 1992, and then transferred back to the United States as an area general manager for Frito-Lay in 1994. O’Leary is active serving on the board of the Minneapolis YMCA, and on the board of TDS Telecom. O’Leary is a 1981 graduate of Pace University with a bachelor’s degree in marketing. In 1986, he completed an MBA at New York University.

Organization Position Status
General Mills, Inc. Chief Operating Officer, International Current
Telephone & Data Systems, Inc. Executive Vice President, Chief Operating Officerinternational Current
Telephone & Data Systems, Inc. Board of Directors Current
Sourceone Stock Info Board of Directors Current
TDS Telecom Board of Directors Current
TDS Telecommunications Corporation Board of Directors Current
Sourceone Stock Info Committee Member Current
General Mills, Inc. President, Betty Crocker Division Former
PepsiCo, Inc. president Former
Gen Mills, Inc. Chief Former
Gen Mills, Inc. Executive Vice President Former
General Mills, Inc. Executive Vice President Former
General Mills, Inc. Vice President, Corporate Growth Former
PepsiCo, Inc. area general manager Former
PepsiCo, Inc. Head, Hostess Frito, Lay Business Former
General Mills, Inc. Board of Directors Former
New York University MBA Former
Pace University Bachelor’S Degree In Marketing Former

Daralyn Peifer Vice President; Treasurer Daralyn Peifer leads the company’s Treasury function and oversees the investment of General Mills’ retirement assets and corporate venture program. Over the past 20 years, Peifer has successfully managed the company’s pension and savings plan assets with return performance in the top 2 percent the last 10 years. She brings a wealth of capital markets experience, including managing through a range of credit market conditions. Her investment expertise provides a unique perspective in the areas of financing plans, capital structure and corporate investment opportunities. Peifer joined General Mills in 1988 in the Benefit Finance organization as manager, Investment Finance. She was later promoted to Chief Investment Officer in 2001 and vice president, Investment Finance in 2002. Prior to joining General Mills, Peifer was employed by the Minnesota State Board of Investment, where she was instrumental in building the private equity, energy and fixed income programs, participated in the U.S. equity and real estate programs, and ran the performance evaluation and manager monitoring systems. Peifer holds M.B.A. and M.A. degrees from the University of Minnesota and graduated Phi Beta Kappa from the College of St. Catherine in St. Paul, Minn. Peifer is a chartered financial analyst and a member of a number of investment organizations, including the Twin Cities Society of Security Analysts. She currently serves on the board of Matador Resources Company and is a volunteer member of the Investment Advisory Committee of the Minnesota State Board of Investment.

Organization Position Status
General Mills, Inc. Chief Investment Officer Current
Matador Resources Board of Directors Current
General Mills, Inc. Vice President Former
General Mills, Inc. Manager Former
University of Minnesota MBA Former

Organization Position Status
General Mills, Inc. Senior Vice President, Deputy Chief Finance Officer Current
National Council On Economic Education Board Member Current
National Council On Economic Education Member Current
General Mills, Inc. President, Director Former
General Mills, Inc. Controller, International Group Former
General Mills, Inc. Auditor Former
General Mills, Inc. Board of Directors Former
University of St. Thomas MBA Former
Iowa State University B.S. Former

Mark Addicks Senior Vice President; Chief Marketing Officer As senior vice president, chief marketing officer, Mark Addicks has overall responsibility for the company’s world-class marketing function and its marketing services organization, Gcom. In his role, Addicks has oversight responsibilities for the company’s global brand-building strategy, including its advertising, promotions, public relations, design, packaging, online, licensing and multicultural initiatives. He also oversees some of the industry’s most recognized equity platforms, including Box Tops for Education and the Pillsbury Bake-Off contest. Addicks also has pioneered several cutting-edge marketing ventures. Since joining General Mills in 1988, Addicks has held marketing positions with the Yoplait USA and Big G cereal divisions. As vice president of Big G New Enterprises, he led highly successful new product development efforts, including Frosted Cheerios. Addicks was named vice president of Marketing Communications in Jan. 2000, and led the successful integration of the General Mills and Pillsbury marketing functions in 2001. He was named chief marketing officer in Jan. 2004, and was promoted to his current position in June 2007. Before joining General Mills, he led marketing communication programs for Anderson, Clayton & Company, a diversified foods company based in Houston. During the same period, he started and managed three entrepreneurial businesses in Houston. Addick’s work has been widely recognized with numerous industry awards, both for his innovation and marketing expertise. Advertising Age named him one of the top 100 marketers in 1999, and one of the top 25 Power Brokers in both 2003 and 2004. In addition, he has been invited to guest lecture at some of the nation’s leading business programs, including Harvard, Tuck and the University of Chicago. He earned a bachelor’s degree in government from the University of Texas in 1978 and an MBA from Harvard University in 1988.

Organization Position Status
General Mills, Inc. Senior Vice President & Chief Marketing Officer Current
Harvard University MBA Former
The University of Texas Bachelor's Degree In Government Former

Organization Position Status
General Mills, Inc. Senior Vice President, Chief Technical Officer Current
General Mills Operations, Inc. Senior Vice President Current
General Mills, Inc. Executive Vice President, Worldwide Operations and Technology Former
Engineering Technology, Inc. Former
Procter & Gamble Former
Tennessee Technological University bachelor's degree in mechanical engineering Former

Rick Palmore currently serves as Executive Vice President, General Counsel, and Chief Compliance and Risk Management Officer at General Mills. Prior to his appointment at General Mills, Mr. Palmore served as Deputy General Counsel and later as Vice President of Sara Lee Corp. While working for Sara Lee Corp., he became widely recognized through his initiative as the author of "A Call to Action: Diversity in the Legal Profession." This initiative has been a milestone in the effort to increase diversity within law firms that serve the needs of many large corporations. Mr. Palmore received his juris doctor from the University of Chicago Law School in 1977 and his bachelor's degree from Yale University in 1974.

Organization Position Status
General Mills, Inc. Chief Compliance and Risk Management Officer Current
Twin Cities Diversity In Practice Executive Vice President, General Counsel Current
General Mills, Inc. Executive Vice President Current
General Mills, Inc. General Counsel Current
Chicago Board Options Exchange Board of Directors Current
Chicago Symphony Orchestra Board of Directors Current
Twin Cities Diversity In Practice Board of Directors Current
The University of Chicago Law School Juris Doctor Former
Yale University Undergraduate Degree In Economics Former
University of Chicago Degree Former

Roderick A. Palmore Executive Vice President, General Counsel, Chief Compliance and Risk Management Officer Rick Palmore has overall responsibility for the company's global legal activities, corporate ethics and compliance, and corporate security. He is chair of the company’s Enterprise Risk Management Committee. Rick joined General Mills in 2008. In his previous position at Sara Lee, he served as executive vice president and general counsel. He had joined Sara Lee in 1996 as deputy general counsel. Rick was promoted to senior vice president, general counsel, and secretary in 1999, and was named an executive vice president in 2004. Rick has made a broad impact on the legal profession through his leadership of “Call To Action,” an initiative he helped to launch with his peers to improve minority representation and mobility within law firms that provide services to major corporations. Earlier in his career, Rick was a partner with two major Chicago law firms, where he focused on business litigation. He joined Wildman, Harrold, Allen, and Dixon in 1983 as an associate and was elected a partner in 1986. He subsequently moved to Sonnenschein, Nath, and Rosenthal as a partner in 1993. Previous to that, Rick spent three years as assistant U.S. attorney for the Northern District of Illinois. Rick earned his undergraduate degree in economics from Yale University and his law degree from the University of Chicago. He is currently on the boards of both the Chicago Board Options Exchange and the Chicago Symphony Orchestra.

Organization Position Status
Board Member, Inc. Executive Vice President, General Counsel and Chief Compliance & Risk Management Officer, General Mills Current
General Mills, Inc. Chief Corporate and Risk Management Officer Current
Lex Mundi, Ltd. Executive Vice President Current
Chicago Board Options Exchange Board of Directors Current
Centers for New Horizons, Inc Director Current
Public Interest Law Initiative Director Current
Association of Corporate Counsel Director Current
Chicago Symphony Orchestra Member, Board of Trustees Current
Nuveen Investments, Inc. Director Current
Board Member, Inc. Board of Directors Current
General Mills, Inc. Executive Vice President Former
Sonnenschein Nath & Rosenthal Llp Partner Former
General Mills, Inc. General Counsel Former
Sara Lee Corporation Board of Directors Former
Chicago Bar Foundation Board of Directors Former
The University of Chicago Law School Juris Doctorate Degree Former
Yale University Bachelor of Arts Degree In Economics Former

Donal Mulligan is Vice President and Treasurer of General Mills. He assumed this position in January 2006 after serving two years as Vice President, Finance for General Mills' Technical Community, overseeing the Finance function for the Supply Chain, R&D and Quality Assurance groups, and six years as CFO of General Mills International. From 1987 to 1998, Mulligan worked at PepsiCo, holding several international positions including Americas Region VP-Finance, Latin America Region VP-Finance, Asia Region Planning Director, Canada Finance Director and PepsiCo International Planning Manager. Mulligan began his career in 1985 with GTE. Mulligan holds a MBA from the University of Michigan and a BA from Duke University. He is on the board of Twin Cities Catholic Charities and serves on the University of Michigan's Ross Business School Corporate Advisory Board.

Organization Position Status
General Mills, Inc. Executive Vice President Current
General Mills, Inc. Treasurer Current
General Mills, Inc. Cfo Former
PepsiCo, Inc. Americas Region Vice President, Finance Former
General Mills, Inc. Vice President Former
PepsiCo, Inc. Asia Region Planning Director Former
PepsiCo, Inc. Planning Manager Former
Pillsbury Former
University of Michigan MBA Former
Duke University BA Former

As executive vice president, Jeff Rotsch leads the function responsible for all retail sales of General Mills consumer foods products worldwide, and is responsible for worldwide Channel Development, including oversight of the company's Bakeries & Foodservice business.

Organization Position Status
General Mills, Inc. Executive Vice President, Worldwide Sales and Channel Development Current
General Mills, Inc. President of Consumer Foods Sales Former
General Mills, Consumer Foods Sales Division President Cosumer Food Sales Division & Senior Vice President Former
General Mills, Inc. Product Manager, Betty Crocker Former
Minnesota Public Radio Inc. Board Member Former
University of Wisconsin bachelor's degree in industrial engineering and an MBA Former

Michael A. Peel has served as a member of our Board of Directors since February 2003. Mr. Peel has served as Executive Vice President, Human Resources and Administrative Services for General Mills, Inc., a manufacturer and marketer of packaged consumer foods, since December 2007. From 1991 to December 2007, Mr. Peel served as Senior Vice President, Human Resources and Corporate Services for General Mills. From 1977 to 1991, Mr. Peel served in various capacities for PepsiCo, Inc., including as Senior Vice President, Human Resources for PepsiCo Worldwide Foods from 1987 to 1991.

Organization Position Status
Gen Mills, Inc. Executive Vice President, Human Resources and Administrative Services Current
General Mills, Inc. Executive Vice President, Human Resources and Business Services Current
General Mills, Inc. Senior Vice President, Human Resources and Corporate Services Current
Walker Art Center Officer Current
Select Comfort Corporation Chair Current
Walker Art Center Board Member Current
Select Comfort Corporation Member of the Select Comfort Board of Directors Current
Select Comfort Corporation Member Current
Gen Mills, Inc. Senior Vice President, Human Resources and Corporate Services Former
Pepsi-Cola Senior Vice President, Human Resources Former
PepsiCo, Inc. Senior Vice President, Human Resources Former
Pepsi-Cola Division Employee Relations Director Former
PepsiCo, Inc. Employee Relations director Former
General Mills, Inc. Trustee Former
Triangle Industries, Inc. Former
Columbia University MBA Former
James Madison University Bachelor of Science degree in business administration Former

As senior vice president, External Relations, and president of General Mills Community Action and the General Mills Foundation, Christina L. Shea oversees and coordinates the company's relationships with key external constituencies, including policy makers, industry associations, and the media.

Organization Position Status
General Mills, Inc. Senior Vice President, External Relations Current
Tuck School of Business at Dartmouth Board Member Current
General Mills, Inc. President, General Mills Community Action and Foundation Former
General Mills, Inc. Leadership Position, Gold Medal Former
Tuck School of Business at Dartmouth MBA Former
Dartmouth College MBA. Former
Boston College Bachelor’S Degree In Sociology Former

Organization Position Status
General Mills, Inc. Senior Vice President Current

Keith Woodward Senior Vice President, Financial Operations Keith Woodward was named senior vice president, Financial Operations in June 2008. Previously, Woodward served as vice president, Finance, Supply Chain/Innovation Technology Quality. Woodward joined General Mills in 1991 as a senior financial analyst in Corporate Growth and Development. He moved to the Big G cereals division and was promoted to vice president, Finance, in March 2000. Woodward received his MBA in finance and marketing in May 1991 from the Kelley School of Business at Indiana University in Bloomington, Ind. He also earned a B.S. in accounting from Indiana University in May 1986.

Organization Position Status
General Mills, Inc. Senior Vice President, Financial Operations Current
General Mills, Inc. Senior Financial Analyst Current
Kelley School of Business Bloomington MBA In Finance Former
Indiana University B.S. In Accounting Former

Organization Position Status
General Mills, Inc. Senior Vice President Current
Pillsbury Former

Mike Davis Senior Vice President, Global Human Resources Mike Davis is senior vice president, Global Human Resources with responsibility for all human resource functions at General Mills. Previously, he was vice president, Human Resources, U.S. Retail and Corporate for three years, and prior to that he served for nine years as vice president, Compensation & Benefits. Before joining General Mills, Davis worked for fifteen years as a compensation consultant with Towers Perrin. When he left Towers Perrin in 1996, he was the firm’s worldwide practice leader for executive compensation. For the past three years Davis has served as an adjunct professor at the Carlson School of Management at University of Minnesota. He also serves on the board and is vice chairman of the Employee Benefits Research Institute. Davis is a current board member and former board chair of the National Business Group on Health, a board member of the Human Resources Policy Association, and has served on the board and has been board chair of WorldatWork. Davis has two Bacherlor of Science degrees from Purdue University in industrial management and computer science, and an MBA in accounting and finance from the University of Chicago. He is a Certified Public Accountant.

Organization Position Status
General Mills, Inc. Senior Vice President, Global Human Resources Current
Executive Compensation Vice President, Compensation, Benefits & Staffing, General Mills Current
General Mills, Inc. Vice President Former
Executive Compensation Practice Leader Former

Peter Erickson Senior Vice President, Innovation, Technology and Quality As senior vice president of Innovation, Technology and Quality, Peter Erickson is responsible for the invention and commercialization of new food products and technologies by providing increasingly higher levels of health, taste and convenience. Erickson's responsibility for the General Mills Quality organization is focused on delivering brands that its consumers can trust and value through its global leadership in consumer and product safety, in addition to its product quality, regulatory and technical excellence. Erickson has been employed by General Mills for the past 20 years. Prior to that, he worked in product development as a senior food scientist at General Foods Corporation in White Plains, N.Y.< P> Erickson received both a B.S. and M.S. degree in food science at the University of Massachusetts, where he continues to serve as a member of the university’s food science external advisory board.

Organization Position Status
General Mills, Inc. Senior Vice President, Innovation, Technology and Quality Current

Organization Position Status
General Mills, Inc. Senior Vice President Current
Procter & Gamble Former
PepsiCo, Inc. Former
Pillsbury Former
Newcastle University bachelor's degree in economics Former

Organization Position Status
General Mills, Inc. Senior Vice President Current
PepsiCo, Inc. senior vice president of technology Former
University of Reading doctorate degree in biochemical engineering Former

Organization Position Status
General Mills, Inc. Senior Vice President, Strategic Technology Development Current
Pillsbury Senior Vice President, Technology Former
PepsiCo, Inc. Senior Vice President, Technology, Frito, Lay North America Former

Mr. Vincent is a Vice President of Marketing at General Mills, Inc. There he manages a five brand business unit that includes brand names like Pop Secret Microwave Popcorn, Chex Mix Snack Mix and Bugles Corn Snacks. Mr. Vincent also maintains marketing responsibility for the division's Strategic Growth Channels (Wal Mart, Drug, Dollar and Discount) and new product development. Prior to returning to General Mills in late 2000, he served as the Managing Principal for Delta Bluff, LLC, a restaurant operating company (Applebee's franchisee) he help found. Before joining General Mills, Mr. Vincent worked for MCI Telecommunications and Fidelity Investments. In addition to serving on the Milestone Board, he is the Vice-Chairman of the board of the General Mills Federal Credit Union and serves on the Indiana University Center for Brand Leadership's Advisory Committee.

Organization Position Status
Gen Mills, Inc. Vice President of Marketing Current
General Mills, Inc. Vice President of Marketing Current
Milestone Growth Fund, Inc. Board of Directors Current
Milestone Inc. Board of Directors Current
MCI Telecommunications Corporation Former

Organization Position Status
General Mills, Inc. Vice President & General Manager, Food Service Division Current

Organization Position Status
General Mills, Inc. Vice President, Washburn Investments Current
Financial Executives Institute Member Current
Financial Executives Institute Member Current
General Mills, Inc. Managing Director, Washburn Investments Former
General Mills, Inc. Manager of Benefit Finance Former
General Mills, Inc. Assistant Treasurer Former
General Mills, Inc. Board of Directors Former
The Children's Theatre Board of Directors Former
University of Minnesota Graduate Work In Business Administration Former
Bethel College Undergraduate Degree Former
Bethel College degree in economics Former
University of Minnesota Business Administration Former

As vice president, U.S. Channels, Dudick oversees the General Mills Wal-Mart sales team, the Club Channel and Discount Drug and Dollar regions, as well as the Channels Innovation Team. Dudick joined General Mills in October 1979 as a sales representative in the western New York area. He made his way through the sales ranks and held field sales director positions in the Southwest, Midwest and Northeast United States. In July 2004, he was named vice president of sales in Minneapolis, Minnesota. Dudick received a bachelor’s degree from Wilkes University, a master’s degree from St. Joseph’s University and a Juris Doctorate from Temple University. Dudick is on the board of Students in Free Enterprise.

Organization Position Status
General Mills, Inc. Vice President, U.S. Channels Sales Current

Organization Position Status
General Mills, Inc. Vice President, Services Current

Organization Position Status
General Mills, Inc. Vice President, Advertising & Branding Current

Organization Position Status
General Mills, Inc. Vice President, Marketing Current

Gene has thirty years of experience in farming, food processing, marketing, and managing organic foods companies. He began his business career in 1972 as a founding farmer member of Seattle's co-operating Community. He founded Cascadian Farm in 1972, Small Planet Foods in 1996, and was an integral part of the development of Muir Glen. In 2000, he became a vice president of General Mills Inc. and division president (and CEO) of Small Planet Foods. Gene is currently Vice President of Sustainability for General Mills. He has served on numerous other boards, including: Washington State Dept of Agriculture Organic Advisory Board, USDA National Organic Standards Board, Washington State Nature Conservancy, Organic Trade Association, and Washington State University College of Agriculture Advisory Board.

Organization Position Status
General Mills, Inc. Vice President of Sustainability Current
Gen Mills, Inc. Vice President of Sustainability Current
Frontier Natural Brand Board of Directors Current
Uplift Equity Partners, LLC Board of Directors Current
Aura Cacia Board of Directors Current
Small Planet Foods Inc. Division President Former
Cascadian Farm, Inc. Founder Former

Organization Position Status
General Mills, Inc. Vice President, Finance Shared Services Current

Organization Position Status
General Mills, Inc. Vice President, Marketing Current

Karen L. Anderson joined Employers Group in 1999 as Vice President, Member Services. She provides oversight and direction in the areas of Research, Membership Development and Marketing and Special Products-Software. Karen has over twenty years of extensive experience in marketing, promotion, product/service management, and administration. Past positions include: First Vice President, Great Western Bank; Vice President, Marketing, Union Bank; Group Product Manager, Knudsen Corporation; and Product Manager, General Mills. In addition, she had her own consulting practice, specializing in marketing and administration. Ms. Anderson received a BA from Mills College and her MBA from Michigan State University. She is on the Board of the California JumpStart Coalition for personal financial literacy.

Organization Position Status
Employers Group Vice President, Membership & Marketing Current
General Mills, Inc. Vice President, Marketing Current
Great Western Bank First Vice President Current
Chambers, Steiner Current
California Jumpstart Coalition Board of Directors Current
Wayne State University J.D. Former
Michigan State University Mba Former
Mills College Ba Former
Employers Group Member Former

Organization Position Status
General Mills, Inc. Vice President, Investor Relations Current

Merizalde became managing director of Australasia in 2006 where he currently oversees the Australian and New Zealand businesses and has responsibility for many brands in the region including: Latina, Old El Paso, Betty Crocker, Pataks, Pecks, Frescarini and Nature Valley. Merizalde joined General Mills in 1999 as regional vice president, Latin America and South Africa. Prior to joining General Mills, Merizalde’s career spans over two decades in various leadership positions within the foods industry. Luis is a 1973 graduate of the University of New Hampshire with a bachelor’s degree in Business Management.

Organization Position Status
General Mills, Inc. Vice President; Managing Director, Australasia Current

Organization Position Status
General Mills, Inc. Vice President, MIS Current

Organization Position Status
Yoplait-Colombo Vice President, Advertising Current
Betty Crocker Products Vice President, Advertising Current
General Mills, Inc. Vice President, Media Placement Current

Richard O. Lund Vice President, Controller Richard (Rick) Lund was appointed vice president, controller and principal accounting officer of General Mills in December 2007 and is responsible for the company’s planning and analysis, external and internal financial reporting, accounting policy and systems, and internal controls. Lund joined General Mills in 1981 as assistant director of accounting and analysis. He was named director of administration, systems and control for the restaurants and nonfood group in 1982 and held various division controllerships from 1983 through 1987. In November 1987, Lund was named chief financial officer of Gorton's Seafoods, a position he held until May 1993, when he was appointed director of financial operations, Gold Medal division. He was appointed vice president in 1994 and named vice president, financial operations for the Betty Crocker division in 1998. In April 2000, Lund was appointed vice president, corporate financial operations, which he held until his appointment as controller. Lund graduated from Luther College in Decorah, Iowa, in 1972, with a Bachelor of Arts degree in accounting and economics. Lund joined Coopers & Lybrand (now PricewaterhouseCoopers) in Minneapolis. Between 1972 and 1981, Lund held various positions, including four years as audit manager, in the firm’s Minneapolis and Brussels, Belgium, offices. In addition, Lund was a member of the Minnesota Army National Guard from 1972 to 1981. Lund is a member of the board of trustees of the Science Museum of Minnesota, was a member of the Courage Center board of directors from 1996 through 2006, and served as chair of the Courage Center board from 2002 to 2004. He is a member of Financial Executives International, the Controllers’ Leadership Roundtable of the Corporate Executive Board, the American Institute of Certified Public Accountants and the Minnesota Society of Certified Public Accountants.

Organization Position Status
General Mills, Inc. Vice President, Controller Current

Organization Position Status
General Mills, Inc. Vice President, Compensation, Benefits and Staffing Current
Gen Mills, Inc. Coporate Director of Employee Current
General Mills, Inc. Coporate Director of Employee Current
Admission Possible Board of Directors Current
Organization Development Ltd Coporate Director of Employee Former
California State University Outreach Specialist Former
Columbia University M.A. In Organizational Psychology Former
California State University B.A. In Communications Former

Stan has recently joined Dr. Smolanoff for development of the various assets and interests in the marketplace. Stan is a University of Colorado business graduate with a strong national brands corporate background. In Stan's 20 plus year career as a management consultant, sales and marketing consultant, and turnaround specialist counts among his business specialties, entertainment, intellectual property licensing, food manufacturing, the travel industry and retailing of everything from apparel to fast food. His recent client list includes, United Artists Theatre Circuit, General Mills, Inc., United Airlines, Inc., Kellogg's USA, Warner Lambert and Premiere Innovations, Inc.

Organization Position Status
Twin Faces East Entertainment Corp Executive Vice President Current
UAL Corporation Current
General Mills, Inc. Current
Kellogg Company Current
Premiere Innovations, Inc Current
Warner Lambert Current

Mr. Odland has been Chair and Chief Executive Officer since March 11, 2005. Immediately prior to joining Office Depot, Inc., he was Chair, Chief Executive Officer, and President of AutoZone, Inc. from 2001 until March 2005. Previously he was an executive with Ahold USA from 1998 to 2000. Mr. Odland was President of the Foodservice Division of Sara Lee Bakery from 1997 to 1998. He was employed by The Quaker Oats Company from 1981 to 1996 in various executive positions. Mr. Odland is also a Director of General Mills, Inc.

Organization Position Status
Office Depot, Inc. Chief Executive Officer Current
Greening Schools Chairman & Chief Executive Officer Current
Viking Uk Ltd Chairman & Chief Executive Officer Current
Viking Direct Chairman & Chief Executive Officer Current
Officedepot.Com Chairman & Chief Executive Officer Current
Hey, IT's Free Chairman & Chief Executive Officer Current
Consilience: The Blog Chairman & Chief Executive Officer Current
Transportation for Tomorrow Commissioner Current
Office Depot, Inc. Chairman Current
General Mills, Inc. Board of Directors Current
Gen Mills, Inc. Director Current
AutoZone, Inc. Chief Executive Officer Former
AutoZone, Inc. President Former
Ahold USA, Inc. Executive Former
Quaker Oats Company Executive Former
AutoZone, Inc. Chairman Former
Kellogg School of Management at Northwestern University Master's of Management Degree Former
University of Notre Dame Bachelor's degree in Business Administration Former

Organization Position Status
First Light Capital Venture Partner Current
The Commonwealth Institute Board Member Current
General Mills, Inc. Board of Directors Current
Herman Miller, Inc. Board of Directors Current
Massachusetts General Hospital Board Member Current
Digital Equipment Corporation diverse leadership roles Former
Sun Microsystems, Inc. Corporate Officer Former
Florida A&M University B.A. Former

Mr. Redding has 18 years of experience in controlled release products. With seven issued and six pending patents, he has been involved in the development of more than twelve commercial products including products using ultrasound. In 1988 he co-founded Encapsulation Systems Inc. After licensing technology to DuPont in 1991, he joined M-Cap technologies (a DuPont/ConAgra joint venture) as executive Vice President, where he designed and built two production plants and three laboratories, producing products, which had nearly $25 MM in contract sales prior to his departure in 1994. Mr. Redding has extensive experience in technology transfer, having negotiated license or R&D agreements with such firms as Church & Dwight, Ottens Flavors, GNC, Sandoz, Nabisco, and General Mills. Mr. Redding received his B.S. degree in Engineering Technology from Temple University has written several articles on microencapsulation in trade publications and scientific journals and has attended a number of management seminars with the American Management Association. In the past he worked as Materials Engineer for Insulated Technologies Corp., Chief Engineer of Insulated Technologies Corp., Executive Vice President/Technology Director of M-CAP Technologies Intl. (A DuPont/ConAgra Joint venture), and Acting CEO for Delta Food Group.

Organization Position Status
Encapsulation Systems Inc President and Chief Executive Officer Current
Dermisonics, Inc. Executive Vice President of Licensing & Corporate Strategy Current
Nabisco Current
Sandoz Current
Church & Dwight Co., Inc. Current
GNC Corporation Current
Ottens Flavors Current
General Mills, Inc. Current
Dermisonics, Inc. Member of the Board of Directors Current
Encapsulation Systems Inc Board of Directors Current
Dermisonics, Inc. President, Chief Executive Officer Former
Encapsulation Systems Inc Co-Founder Former
Temple University B.S. Degree In Engineering Technology Former
American Management Association Management Seminars With Former

Organization Position Status
General Mills, Inc. Board of Directors Current
Tunjung Product Director Current
The Black & Decker Corporation Board of Directors Current
Citigroup Inc. Board of Directors Current
HP Thailand Director Current
Castello Systems Director Current
Sherpa Partners, LLC Advisory Board Member Current
Hewlett-Packard Company Board of Directors Current
HP Customer Service Director Current
MacDermid, Incorporated Director Current
Western New York Computing Systems Inc. Director Current
Gen Mills, Inc. Director Current
Hewlett-Packard Development Company, L.P. Hp Director Current
Kwikset Corporation Board of Directors Current
Moda Joyeria Por Catalogo Director Current
Medtronic, Inc. Chief Financial Officer Former
Medtronic, Inc. Senior Vice President Former
Citibank Vice President Former
Citicorp Vice President Former
Citigroup Inc. vice president Former
The Black & Decker Corporation First Elected A Director Former
McKinsey & Company, Inc. management consultant Former
Cornell University Trustee Former
Brunswick Corporation Board of Directors Former
UnitedHealth Group Incorporated Board of Directors Former
Harvard Business School master of business administration Former
Wayne State University Master and Bachelor of Science in Electrical Engineering Former

Organization Position Status
Mda Leadership Consulting Vice President of Talent Management Current
Thrivent Financial for Lutherans Executive Coach Current
General Mills, Inc. Executive Coach Current
Polo Ralph Lauren Corporation Current
Ecolab Inc. Current
University of Minnesota Ph.D. In Counseling Psychology Former
Hamline University B.A. In Business Administration and Psychology Former

Organization Position Status
Esurg Director of Sales and Marketing Current
HomeGrocer.com Current
General Mills, Inc. Current
University of Washington Degree In Business Administration Former

Organization Position Status
Duke Energy Corporation Corporate Governance Committee Current
Sprint Corporation Chairman Emeritus Current
Spectra Energy Corp Board of Directors Current
General Mills, Inc. Board of Directors Current
Duke Energy Corporation Director Current
Sprint Corporation Chairman & CEO Former

Organization Position Status
General Mills, Inc. Dean and Laurence F. Whittemore Professor of Business Administration Current
Dartmouth College Dean, Tuck School of Business Current
BJ's Wholesale Club, Inc. Board of Directors Current
General Mills, Inc. Board of Directors Current

Mr. Floeder joined Compex Technologies in 2003 with over 20 years of business development, general and financial management experience. Most recently as Managing Director of M&A with Miller Johnson Steichen Kinnard, Inc., a regional securities firm. Prior to MJSK, he was CFO for a regional privately-held commercial and industrial electrical contractor and distributor. He held general and financial management responsibilities during a high-growth period (sales grew from $5 million to over $60 million and the number of employees grew from 70 to over 500). Previous experience includes management and public accounting experience with General Mills, Inc. and McGladrey & Pullen. Mr. Floeder holds an MBA in Finance from the Carlson School of Management and a BSB in Accounting from the University of Minnesota and is a Certified Public Accountant.

Organization Position Status
Compex Technologies, Inc. Vice President of Business Development Current
General Mills, Inc. Current
McGladrey & Pullen, LLP Former
Carlson School of Management Mba In Finance Former
University of Minnesota Bsb In Accounting Former

Organization Position Status
Seneca Foods Corporation Senior Vice President, Sales Current
General Mills, Inc. Current
The Food Institute Treasurer Current
Food Company, Inc. Board of Directors Current
Pillsbury Former

Organization Position Status
United Way of America Chair Current
Microsoft Corporation Board of Directors Current
General Mills, Inc. Board of Directors Current
Merck Manufacturing Division CEO Former
Merck Sharp & Dohme IA Corp. President & CEO Former
Merck & Co. Inc. chief executive officer Former
Merck Vaccine Division President Former
Merck & Co. Inc. president Former
The Carter Center Former
Merck & Co. Inc. Chairman Former
Merck & Co. Inc. Board of Directors Former

Organization Position Status
JPMorgan Chase & Co. Executive Vice President & Chief Executive Officer, Treasury & Security Services Current
General Mills, Inc. Board of Directors Current
Chemical Banking Corporation chief financial officer Former
Medtronic, Inc. Chief Financial Officer Former
Medtronic, Inc. Senior Vice President Former
Travelers Group Vice President of Planning and Analysis Former
Chemical Banking Corporation managing director Former
Princeton University trustee Former
Travelers Group Assistant Former
Office Depot, Inc. Chairman of the Board Former
Bank One Corp board member Former
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     GIS $73.64 +0.47 (0.64% )
Average Volume 2,110,060
Shares Outstanding 329.54M
Market Cap 24.3B
Year High 73.74
Year Low 46.37
Earnings Per Share 4.83
P/E Ratio 15.25
Dividend 1.96
Yield 2.66
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